River Road Asset Management’s Blackhawk Network Holdings, Inc. Common Stock HAWK Stock Holding History

River Road Asset Management’s Portfolio HAWK Stock Details HAWK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-1,408,465	Closed	-$50.2M	–	181
2017 Q4	$50.2M	Buy	1,408,465 +43,885	+3%	+$1.58M	0.95%	48
2017 Q3	$59.8M	Sell	1,364,580 -25,644	-2%	-$1.12M	1.17%	29
2017 Q2	$60.6M	Sell	1,390,224 -279,868	-17%	-$11.7M	1.17%	26
2017 Q1	$67.8M	Buy	1,670,092 +180,536	+12%	+$6.7M	1.28%	23
2016 Q4	$56.1M	Buy	1,489,556 +45,013	+3%	+$1.6M	1.08%	38
2016 Q3	$43.6M	Buy	1,444,543 +60,530	+4%	+$2M	0.9%	46
2016 Q2	$46.4M	Sell	1,384,013 -18,899	-1%	-$631K	0.98%	41
2016 Q1	$48.1M	Buy	1,402,912 +532,810	+61%	+$19.4M	0.86%	47
2015 Q4	$38.5M	Sell	870,102 -230,410	-21%	-$10.3M	0.67%	53
2015 Q3	$46.7M	Sell	1,100,512 -384,340	-26%	-$16.4M	0.72%	48
2015 Q2	$61.2M	Buy	1,484,852 +133,211	+10%	+$4.97M	0.9%	42
2015 Q1	$48.1M	Buy	1,351,641 +223,961	+20%	+$7.96M	0.66%	51
2014 Q4	$42.5M	Sell	1,127,680 -619,898	-35%	-$22M	0.61%	55
2014 Q3	$56.5M	Sell	1,747,578 -29,718	-2%	-$838K	0.79%	46
2014 Q2	$50.2M	Buy	1,777,296 +1,005,425	+130%	+$24.9M	0.66%	56
2014 Q1	$18.8M	Buy	771,871 +635,421	+466%	+$16.7M	0.2%	109
2013 Q4	$3.45M	Buy	+136,450	New	+$3.15M	0.04%	167

Other funds holding HAWK

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

PCP

P2 Capital Partners New York $210M AUM 1.23% 1-Year Est. Return

GLAM

Gardner Lewis Asset Management Chadds Ford, Pennsylvania $462M AUM 65.29% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Gabelli Funds Rye, New York $14.8B AUM 32.24% 1-Year Est. Return

WIC

Water Island Capital New York $896M AUM 107.59% 1-Year Est. Return

TAL

TIG Advisors LLC New York $2.16B AUM 72.99% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

River Road Asset Management's HAWK Position: Q1 2018 in Review

River Road Asset Management sold out of Blackhawk Network Holdings, Inc. Common Stock (HAWK) in Q1 2018, closing a stake of 1,408,465 shares — an estimated $50.2M sold.

River Road Asset Management first reported a position in HAWK in Q4 2013 and held it in 17 quarters. The position peaked at $67.8M in Q1 2017. 216 funds tracked by Wall St. Rank hold HAWK as of Q1 2018.

River Road Asset Management reported no remaining Blackhawk Network Holdings, Inc. Common Stock position as of Q1 2018 after selling out during the quarter.
River Road Asset Management sold 1,408,465 Blackhawk Network Holdings, Inc. Common Stock shares in Q1 2018, an estimated $50.2M.
River Road Asset Management first reported a position in Blackhawk Network Holdings, Inc. Common Stock in Q4 2013 and held it in 17 quarters.
River Road Asset Management's Blackhawk Network Holdings, Inc. Common Stock position peaked at $67.8M in Q1 2017.
216 funds tracked by Wall St. Rank held Blackhawk Network Holdings, Inc. Common Stock as of Q1 2018.

Based on River Road Asset Management's 13F filing for Q1 2018, filed 4 May 2018.